Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Velcan Holdings's Enterprise Value is €-62.74 Mil.
Velcan Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €20.25 Mil. Therefore, Velcan Holdings's EV-to-EBIT ratio for today is -3.10.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Velcan Holdings's Enterprise Value is €-62.74 Mil.
Velcan Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €20.49 Mil. Therefore, Velcan Holdings's EV-to-EBITDA ratio for today is -3.06.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Velcan Holdings's Enterprise Value is €-62.74 Mil.
Velcan Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €2.99 Mil. Therefore, Velcan Holdings's EV-to-Revenue ratio for today is -21.01.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Velcan Holdings (LUX:VLCN) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Velcan Holdings's current Enterprise Value is €-62.74 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Velcan Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €20.25 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Velcan Holdings's current Enterprise Value is €-62.74 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Velcan Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €20.49 Mil.
Velcan Holdings's current Enterprise Value is €-62.74 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Velcan Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €2.99 Mil.
Velcan Holdings's current Enterprise Value is €-62.74 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Velcan Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil.
Velcan Holdings's current Enterprise Value is €-62.74 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Velcan Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Velcan Holdings Enterprise Value Related Terms
Velcan Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Velcan Holdings's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Velcan Holdings Enterprise Value Competitor Comparison
For the Utilities - Renewable subindustry, Velcan Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Velcan Holdings Enterprise Value vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Velcan Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Velcan Holdings's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Velcan Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Velcan Holdings (LUX:VLCN) has a Enterprise Value of €-62.74 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Velcan Holdings and its competitors.
Is Velcan Holdings' Enterprise Value too high?
Velcan Holdings' current Enterprise Value is €-62.74 Mil. Overall, Velcan Holdings has a GF Score™ of 25/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Velcan Holdings' Enterprise Value compare to competitors?
Velcan Holdings' Enterprise Value of €-62.74 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Independent Power Producers company?
A good Enterprise Value depends on the Utilities - Independent Power Producers industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Velcan Holdings and its competitors. Velcan Holdings's current Enterprise Value is €-62.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velcan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Velcan Holdings (LUX:VLCN) is currently considered Fairly Valued. The stock's GF Value™ is €14.88, compared to a current price of €15.40 — trading 3.5% above its estimated fair value. The current Enterprise Value is €-62.74 Mil. Velcan Holdings' overall GF Score™ is 25/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Velcan Holdings (LUX:VLCN), the current Enterprise Value is €-62.74 Mil as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Velcan Holdings (LUX:VLCN) Overvalued in 2026?
Based on GuruFocus' analysis, Velcan Holdings stock appears to be overvalued.
The current stock price of €15.40 is trading 3.5% above its estimated GF Value™ of €14.88.
GuruFocus considers Velcan Holdings to be Fairly Valued.
Key valuation signals for LUX:VLCN:
Enterprise Value: €-62.74 Mil
GF Value™: €14.88 vs. price of €15.40 (3.5% above fair value)
No single metric tells the full story. See the LUX:VLCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Velcan Holdings manages a portfolio of financial assets, focusing on minority investments and listed securities. The assets of the group are deployed in listed and unlisted financial investments, minority private equity participations, commodities, bonds, cash and cash equivalents (bank current accounts and deposits), and a 15 MW hydro power plant in Brazil.
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